PHILIPPINE borrowings from offshore sources slightly increased year-on-year in the first half as non-residents increased their holdings of Philippine bonds, the Bangko Sentral ng Pilipinas (BSP) yesterday reported.
THE PHILIPPINES ranked 57th among 132 countries surveyed for household broadband penetration in 2013, a report by the United Nations (UN) Broadband Commission published yesterday showed, noting that only around 23 of 100 Filipino homes have access to broadband Internet.
AT THE start of the year, the Bureau of Internal Revenue (BIR) issued Revenue Regulations No. (RR) 1-2014 and Revenue Memorandum Circular No. (RMC) 5-2014, which tackled the submission of the alphabetical list (alphalist) of employees and list of payees on income payments subject to creditable and final withholding taxes of all withholding agents. These issuances require that complete names of payees be specified in the alphalists. Using words such as “various payees” and “PCD nominees” where income payments and taxes withheld are lumped into one single amount shall not be allowed and failure to follow such prescribed format shall disqualify the related expenses from being deductible for income tax purposes.

Grooving to health: Singer Madonna is well-known for her love for working out. Photo from madonnascrapbook.blogspot.com Many Filipinos regard exercise as a fad, or chore, or merely a sign of personal virtue. But being physically active is natural for humans, as it is for all animals. We’re wired for it. Thus, the largely sedentary existence of vast numbers of people is a historical aberration of the past century, made possible primarily by labor-saving devices, motor vehicles, desk jobs, and increased leisure time spent in front of TVs and computers. Our sedentary lifestyles, together with the obesity epidemic they help foster, have taken a big toll on our health. They have put a drag on the improvements in well-being and longevity made possible by medical advances and positive lifestyle changes, such as the reduction in smoking rates in recent years. It’s tempting to think that feeling fatigued, being winded when going up the stairs, and no longer being able to carry heavy bags, are natural parts of aging. But many of the declines in physiological functioning we associate with getting older are largely the consequence of inactivity and being unfit. Being physically fit won’t stop the biological clock, of course, but it can slow it down. “Use it or lose it” is truer than ever. Many people say that they do want to be fit, but they don’t know how. Today’s article offers a scientific but practical guide on how you can achieve lifelong fitness. The elements of fitness There are Read More …

Mark points to the sign leading to the rehearsal stage for Here Lies Love at the sprawling National Theatre where the musical is scheduled from October to January next year – Photos by RICKY LO LONDON — First, a little clarification: Unlike Rachelle Ann Go (who’s a smash as Gigi in Miss Saigon, currently playing at the Prince Edward Theater) and the other Filipino talents before her (led by Lea Salonga who originated the role of Kim in the same musical), Mark Bautista will take a bow on world stage as Ferdinand Marcos in the musical Here Lies Love not at the West End but at the National Theatre at the south side of this city. “I would say that the National Theatre is like our CCP back home,” said Mark as he welcomed me into the sprawling theater complex. “Only, it’s much, much bigger.” I could have walked from the Strand Palace Hotel (where journalists invited to the junket for Universal Pictures’ Dracula Untold, starring Luke Evans, were billeted…but more on that later) but I didn’t want to miss my appointment with Mark set before I left Manila, so I took a cab (fare was 20 pounds, roughly P2,000). Mark and two castmates (one a Filipino dancer from Repertory and the other an artist from Hong Kong who performed in Disneyland) are staying at a three-room house 40 minutes by train to National Theatre, paid for by the producer. “Come,” he gestured toward the NT complex, “I’ll take Read More …
Vanessa Matsunaga says Daniel has become busier since he won in PBB: All In: “I miss him… my movie buddy and food buddy.”
Phil and James Younghusband are as savvy about their hair as they are as football players.
Pancho Magno says joining body fashion shows entails a lot of pressure.

http://newfacla.org/ Los Angeles – Filipino Independent Films or Indie Films’ in Town, specifically, in FilipinoTown. The Historic Filipinotown Indie Film Festival LLC (HFIF LLC) has announced that the Historic Filipinotown Independent Film Festival that will feature Filipino and Filipino-American independently-produced films from the Philippines will be launched on Wednesday, at 6 p.m. on October 15, 2014 at the Filipino American Community of Los Angeles Social Hall. Ms. Aleli Abrigo Neal, leading producer of the HIFI LLC announced that the soft launching of the Historic Filipinotown Indie Film Festival, the first of its kind to be launched in the Historic Filipinotown district since it was proclaimed by the city of Los Angeles in 2002. The formal launching of the Historic Filipinotown Indie Festival is slated on December 2014 at the Filipino American Community of Los Angeles (FACLA). HF Indie Film Festival, a Community Milestone Aleli Neal said, “This is the first step and an added milestone towards the cultural and political empowerment of the Filipino-American community in the United States. Many film festival have featured the Filipino films but usually these are subsumed or incorporated with API or Asian Film Festivals” JFAV Coordinator Arturo Garcia said, “ we hail this auspicious event because it is not only ambitious but also a step toward patronizing and a showcase the Filipino and Filipino-American Indie films produced in the Philippines. Especially at the time that the Philippine based Film Industry have faltered during the last twenty years. The Philippines was one has a thriving film industry that produces 200 Read More …

California has been besieged by unusual episodes of high temperatures over the past weeks to the discomfort of even the sun-lovers. For the record, the phenomenon is worldwide with the National Climatic Data Center report that “the planet had its hottest summer on record and is well on its way to having the hottest year ever”. The global temperature for summer was 1.28 degrees above the 20th-century average of 61.5 degrees. Climatologists define summer as the months of June, July and August with the last month on the list “setting an overall record in temperature with even the largest departure from average of any month”. Former World Boxing Champ at Wild Card: Former IBF World Flyweight titlist, Rolando Bohol, now a web designer/entrepreneur based in Las Vegas, beams a his friend from California documents his visit to Wild Card Boxing Gymn in Los Angeles where his fellow champion Manny Pacquiao used to train for his many successful fights. The California visit is the first outing for Bohol since calling the U.S. his adopted home many years ago. August of this year recorded the 38th consecutive August (and the 354th consecutive month) that saw a global temperature above historic averages. The last recorded below-average for August was in 1976. The assessment had been culled from the record going as far back at 1880. For the year to-date, 2014 is the third-warmest year on record. Correspondingly, there has been a noticeable increase advertisements from every media available for consumer to take advantage on the Read More …